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...world, may be pushed in the direction of restricting commerce with other nations if the other nations act first. Obama faces the problem of having a Congress which will generally support him. But, when a Representative's district is losing jobs because of the dumping of Japanese steel or Swiss watches, the tenor of the conversation will change. Trade won't work out the way the G-20 summit says it will. National interests to protect local industries are too strong...

Author: /time Magazine | Title: What if the G-20 Summit Works? | 4/2/2009 | See Source »

...windows and openings in the façade, even in the prayer room, invite the citizens of Penzberg to become acquainted with Islam and its people." The delicate minaret, lace-like from a distance, is a calligraphic representation of the words of the call to prayer, punched out of steel plates. "It doesn't call for prayer five times a day, but 24 hours a day," observes Jasarevic. "Without disturbing the neighbors...

Author: /time Magazine | Title: Updating the Mosque for the 21st Century | 4/2/2009 | See Source »

This morning he has prospective snowbirds from Spain, Ontario ("We just can't ignore these prices"), Boston and Mingo Junction, Ohio, where another steel mill is about to close. "Opportunity is banging at your door," Joseph tells them, and he'd sound like any cheesy salesman if he weren't so attached to this place and so angry at what was done to it; it's as if his house had been burned down by reckless kids playing with matches and he's building it back up again board by board. It's gotten so bad that the courts have...

Author: /time Magazine | Title: The Hope in America's Foreclosure Capital | 4/2/2009 | See Source »

...play in revitalizing the economy. His recent stimulus package wisely includes $8 billion for the construction and repair of rail infrastructure. High-speed rail projects create an immediate economic benefit as well as a long-term one. Initially, the construction of new rail lines and the ancillary demand for steel and concrete will create thousands of jobs...

Author: By Anthony P. Dedousis | Title: All Aboard | 3/30/2009 | See Source »

...over a baby in a stroller and into the secure check-in area, where waiting associates joined in. In front of horrified passengers, one of the brawlers was allegedly knocked to the ground, and with what was described as a sickening "crunch" fatally bashed in the head with a steel post used to mark passenger lines. As the man lay dying in a pool of blood, the mob fled in taxis. One group was picked up by police in Sydney's south; four men have been charged with affray, or group-fighting in a public place that puts bystanders...

Author: /time Magazine | Title: Outbreak of Biker Violence Leaves Australia on Edge | 3/29/2009 | See Source »

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